News and Reports

Jailhouse Rocks: World's Only Inmates Who Cut and Polish Diamonds

August 28, 2023 / www.idexonline.com

(IDEX Online) - Inmates at an Indian jail are cutting and polishing diamonds behind bars.It's common for prisoners to work in laundries or kitchens, in sewing or agriculture. But those at Lajpore Central Jail, in Surat, are believed to be the only ones in the world working with diamonds.Just over 100 of the prison's 3,000 inmates work at the polishing unit, according to the Times of Indi...Read More

Police Raids in Bolsonaro Jewelry Probe

August 27, 2023 / www.idexonline.com

(IDEX Online) - Police in Brazil have raided the addresses of two aides to the former president, over  claims they sold high-value jewelry gifts from foreign governments for cash.Proceeds of the sales were, allegedly, then passed on to Jair Bolsonaro, who lost last October's election to left wing rival Luiz Inacio Lula da Silva.A Federal Police said a lawyer and former aide were "suspect...Read More

Zimbabwe Bank Stockpiles 300,000 Carats

August 27, 2023 / www.idexonline.com

(IDEX Online) - The Reserve Bank of Zimbabwe (RBZ) has stockpiled 300,000 carats of diamonds since new rules were introduced last October, requiring miners to pay half their government royalties in raw minerals.The move, designed to maintain the value of the country's assets by building up a national reserve of precious metals and stones, was introduced by President Emmerson Mnangagwa (pictur...Read More

US Prosecutors Chase Diamonds from "Hezbollah Boss"

August 27, 2023 / www.idexonline.com

(IDEX Online) - Federal prosecutors in the USA have filed documents to seize 35 more diamonds, a number of artworks and sculptures and $2m in cash from Nazem Said Ahmad, alleged financier of the Hezbollah terror group in Lebanon.In April OFAC, the US Treasury Department's Office of Foreign Assets Control blacklisted 52 individuals and entities which, it said, had been supplying cash, precious...Read More

Spiralling China holds heavy hopes for US trade talks

August 25, 2023 / www.mining-journal.com

The talks come amid ongoing tensions between China and the US. And an underperforming Chinese economy.Read More

ASX juniors again look to Brazil

August 25, 2023 / www.mining-journal.com

Latin has been a ten-bagger since January last year on the back of a lithium project that is shaping as substantial development opportunity, while Meteoric's pick-up in December of what appears toRead More

Cartier plans 3Moz Chimo resource growth

August 25, 2023 / www.mining-journal.com

By the end of September, Cartier geologists expect to have completed the design of the next phase of drilling, which will focus in and around the historical Chimo mine shaft and undergroundRead More

Will end of DIY painting boom rub the gloss off sands...

August 25, 2023 / www.mining-journal.com

Lindian aims for centuries of REE productionSPONSOREDlindian resources Mine to metals model makes ASM a rare opportunity SPONSOREDaustralian strategic materialsArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesSaudi to help Africa 'break ranks' with historic trading partnersSPONSOREDsaudi ministry of industry and mineral resourcesOnce a star supplier of titani...Read More

Pan American reserves up after Yamana buy

August 25, 2023 / www.mining-journal.com

The company's measured and indicated (M&I) resources (excluding reserves) are estimated at 959.1Moz of silver and 17.5Moz of gold. Its inferred resources are 479.4Moz of silver and 9.2Moz of gold.Read More

All that glitters?

August 25, 2023 / www.mining-journal.com

Lindian aims for centuries of REE productionSPONSOREDlindian resources Mine to metals model makes ASM a rare opportunity SPONSOREDaustralian strategic materialsArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesSaudi to help Africa 'break ranks' with historic trading partnersSPONSOREDsaudi ministry of industry and mineral resourcesAs the last 12 months shows, w...Read More

Petra Optimistic after $79m Rough Sales

August 25, 2023 / www.idexonline.com

(IDEX Online) - Petra sold $79.3m of rough this month, after cancelling its last tender because of weak demand.The UK-based miner today said it sold a total of 696,000 carats, including 75,900 carats that were unsold at its May tender, and the 380,000 carats that would have been sold at the cancelled tender in June.Sales in August (Tender 1 FY 2024) were almost double those in May ($42.1m)."The ex...Read More

Spiralling China holds heavy hopes for US trade talks...

August 25, 2023 / www.mining-journal.com

Ardea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesMine to metals model makes ASM a rare opportunity SPONSOREDaustralian strategic materialsLindian aims for centuries of REE productionSPONSOREDlindian resources Saudi to help Africa 'break ranks' with historic trading partnersSPONSOREDsaudi ministry of industry and mineral resourcesThe talks come amid ongoing te...Read More

Embattled SFO drops probes into ENRC, Rio Tinto

August 25, 2023 / www.mining-journal.com

Lindian aims for centuries of REE productionSPONSOREDlindian resources Mine to metals model makes ASM a rare opportunity SPONSOREDaustralian strategic materialsArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesSaudi to help Africa 'break ranks' with historic trading partnersSPONSOREDsaudi ministry of industry and mineral resourcesThe SFO said Thursday it had c...Read More

ASX juniors again look to Brazil

August 25, 2023 / www.mining-journal.com

Lindian aims for centuries of REE productionSPONSOREDlindian resources Mine to metals model makes ASM a rare opportunity SPONSOREDaustralian strategic materialsArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesSaudi to help Africa 'break ranks' with historic trading partnersSPONSOREDsaudi ministry of industry and mineral resources Latin has been a ten-bagger...Read More

Pilbara caps off 'breakthrough year' with huge profit...

August 25, 2023 / www.mining-journal.com

Lindian aims for centuries of REE productionSPONSOREDlindian resources Mine to metals model makes ASM a rare opportunity SPONSOREDaustralian strategic materialsArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesSaudi to help Africa 'break ranks' with historic trading partnersSPONSOREDsaudi ministry of industry and mineral resourcesRevenue was up 242% to $4.06 b...Read More

Chilean lawmakers launch inquiry to investigate Codelco...

August 25, 2023 / www.mining-journal.com

Ardea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesMine to metals model makes ASM a rare opportunity SPONSOREDaustralian strategic materialsLindian aims for centuries of REE productionSPONSOREDlindian resources Saudi to help Africa 'break ranks' with historic trading partnersSPONSOREDsaudi ministry of industry and mineral resourcesAccording to a statement, the...Read More

How Long Before Putin's Plane Gets Shot Down?

August 25, 2023 / www.outsiderclub.com

Tyrannical, autocratic regimes are always paranoid about external forces jeopardizing their grip on power...But more often than not, they collapse from within. And increasingly, it looks like that's going to be the case for Russia.For decades now, Vladimir Putin has blamed the United States for everything. It's in his DNA as a former KGB agent. It's why he constantly threatens us with nuclear anni...Read More

New entrant to join China's already bulging EV sector...

August 24, 2023 / www.mining-journal.com

Lindian aims for centuries of REE productionSPONSOREDlindian resources Mine to metals model makes ASM a rare opportunity SPONSOREDaustralian strategic materialsArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesSaudi to help Africa 'break ranks' with historic trading partnersSPONSOREDsaudi ministry of industry and mineral resourcesChina's state planner has repo...Read More

Madagascar gets sweetened deal in QMM renegotiation

August 24, 2023 / www.mining-journal.com

The QMM mine in Fort Dauphin, Madagascar, produces ilmenite, the main feedstock for titanium and titanium dioxide.Read More

Esmark backs away from US Steel bid

August 24, 2023 / www.mining-journal.com

Lindian aims for centuries of REE productionSPONSOREDlindian resources Mine to metals model makes ASM a rare opportunity SPONSOREDaustralian strategic materialsArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesSaudi to help Africa 'break ranks' with historic trading partnersSPONSOREDsaudi ministry of industry and mineral resourcesA week ago, Esmark announ...Read More

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